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The company now expects constant-currency revenue growth of 4% to 5% for 2026, down from a prior forecast of over 5%
IBM has agreed to buy HRL Laboratories, a private quantum computing research lab jointly owned by Boeing Co and General Motors, the company said on Thursday, adding a second pillar to IBM's quantum computing efforts. IBM has been racing against Alphabet's Google, Microsoft and others to create practical quantum machines that can crack problems that would take conventional computers thousands of years to solve. In May, U.S. President Donald Trump's administration said it would award $1 billion to IBM to set up a new company called Anderon in New Albany, New York, to serve as a chip factory for U.S. quantum computing firms.
Three big earnings reports came out this week. Alphabet Inc. (NASDAQ:GOOGL) and Tesla, Inc. (NASDAQ:TSLA) reported Wednesday after the market closed, and International Business Machines Corporation (NYSE:IBM) shared its official results the same day. All three show the same thing: spending money on AI is starting to hurt profits. However, each company’s story is different […]
IBM (NYSE:IBM) lowered its revenue growth expectations for 2026 after weaker demand for data-centre mainframe systems weighed on quarterly performance, although the company maintained confidence in its profitability and long-term artificial intelligence strategy. The updated guidance follows a challenging quarter for the technology group, with infrastructure sales continuing to soften despite modest overall revenue growth.
IBM stock tumbled after an unexpected AI spending shift hit quarterly results.
U. S. stock futures traded lower on Thursday as investors digested quarterly results from Alphabet, Tesla and IBM while awaiting the European Central Bank’s latest interest rate decision.
(Bloomberg) -- Intel Corp. is expected to report strong second-quarter earnings after the market close Thursday, but even blowout results likely won’t be enough to reverse the stock’s July slide. Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandTrump’s 100% Generic Drug Duty Threatens US Low-Cost SupplyApple to Launch ‘Upgrade’ Device Le
While the Dow Jones (^DJI) represents industry leaders, not every stock in the index is a safe bet. Some are facing headwinds like declining demand, rising costs, or disruptive new competitors.
While International Business Machines Corp. (NYSE:IBM) reported a second-quarter revenue shortfall due to delayed software agreements, market experts and company executives remain optimistic about the long-term outlook. Michael Lee, the Founder of Michael Lee Strategy, characterized the recent earnings miss as a mere “temporary speed bump,” an assessment directly bolstered by IBM CEO Arvind Krishna’s revelation that roughly a third of those delayed transactions were successfully finalized in the
IBM reports modest growth amid shifting client priorities, while focusing on AI and quantum computing investments to drive future success.
International Business Machines (IBM) has come into focus after reporting second quarter 2026 earnings, with revenue of US$17.16b and net income of US$2.17b. This gives investors fresh numbers to assess the stock. See our latest analysis for International Business Machines. IBM's recent earnings reset and trimmed 2026 revenue outlook have coincided with pressure on the stock, with the share price falling 18.4% over the past 30 days and the year-to-date share price return down 29.4%. Even so,...
Earnings dominated the narrative in the U.S. markets on Wednesday, with Alphabet, Tesla, and IBM reporting Q2 results.
The headline numbers for IBM (IBM) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Arvind Krishna says the enterprise tech giant’s mindset still has ties to massive licensing deals of the past.
After IBM's stock crashed last week on warnings of a poor mainframe sales, the CEO explained that AI wrecked corporate hardware budget, temporarily.
The tech giant lowered its sales forecast after a soft quarter but maintained confidence that AI will fuel long-term growth.
International Business Machines (NYSE:IBM) said its second-quarter 2026 results fell short of expectations as some large software transactions slipped late in the period, prompting the company to lower its full-year revenue growth outlook while maintaining its free cash flow target. Chairman, Presi
Tech firms are showing that while the AI trade continues its upward surge, it's coming with a high price tag.
Technology and consulting giant IBM (NYSE:IBM) fell short of the market’s revenue expectations in Q2 CY2026 as sales only rose 1.1% year on year to $17.16 billion. Its non-GAAP profit of $2.93 per share was in line with analysts’ consensus estimates.
Big Blue’s CEO is expected to face questions from Wall Street about the company’s direction and leadership.
IBM (IBM) delivered earnings and revenue surprises of 0.00% and -0.03%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
IBM's Q2 prerelease for results last week had already lowered expectations for Wednesday's results.
Investing.com -- International Business Machines Corporation (NYSE:IBM) reported second-quarter results that fell short of analyst expectations, though shares rose 3% as the company had issued a profit warning last week.
IBM is in "show-me" mode after a challenging few days for the business.
MSA Safety (NYSE:MSA) has elected Octavio Marquez to its Board of Directors. Marquez brings leadership experience from Diebold Nixdorf, Dell EMC, Hewlett Packard Enterprise, IBM, and NCR. The appointment introduces additional banking and technology sector expertise to the company’s board. MSA Safety, trading at $169.99, has seen the stock decline 2.4% over the past year, while showing a 5.0% return over three years and 11.2% over five years. For investors tracking longer term governance and...
IBM cut its annual revenue growth forecast on Wednesday, days after shocking Wall Street with a warning that corporate spending was shifting toward AI-focused data-center gear at the expense of its software and mainframe computers. The company also missed profit and revenue expectations for the second quarter ended June 30, but executives sought to reassure shareholders that customers prioritized spending on AI in the quarter but were not looking to move away from mainframes in the longer term. CEO Arvind Krishna said last week IBM had "faltered" in adapting and "numerous large deals" had slipped, sending the company's shares down 25%, its steepest one-day fall in more than a century.